Semperit Aktiengesellschaft Holding (WBAG:SEM) agreed to acquire Rico Group GmbH on April 17, 2023. The revenue of Rico Group was ?90 million. Closing of the transaction is expected in the third quarter 2023. MP Corporate Finance GmbH acted as financial advisor in the transaction. Ernst & Young Steuerberatungs- und Wirtschaftsprüfungsgesellschaft m.b.H. acted as financial and tax due diligence provider to Semperit Aktiengesellschaft Holding (WBAG:SEM).BINDER GRÖSSWANG Rechtsanwälte GmbH acted as legal advisor to Semperit Aktiengesellschaft Holding (WBAG:SEM). MP Corporate Finance GmbH acted as financial advisor to Semperit Aktiengesellschaft Holding (WBAG:SEM). The deal is expected to close on July 31.As on June 20, 2023 Rico Group GmbH boards Approved the merger. KPMG Financial Advisory Services GmbH acted as financial advisor to Rico Group GmbH.

Semperit Aktiengesellschaft Holding (WBAG:SEM) completed the acquisition of Rico Group GmbH for approximately ?180 million on July 31, 2023. All approvals were obtained. Under the terms of agreement, the final purchase price totaled ?184,329 thousand, which corresponds to a cash and debt free purchase price of ?197,500 thousand taking into account a customary price adjustment mechanism at the time the transaction was effected. The amount of cash and cash equivalents in the subsidiaries consolidated for the first time was ?15,004 thousand. New financing of ?110 million line used to finance the acquisition. Following the acquisition of Rico and the sale of the medical business, our balance sheet structure is now more balanced between equity and debt with a solid equity ratio of 45.3% and net financial debt of ?115.2 million.